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Disclosure announcement transmitted by euro adhoc.
The issuer is responsible for the content of this announcement.
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11.10.2005

Hamburg, 11 October 2005

In the 4th quarter of the 2004/2005 financial year (ended 31 August
2005), SinnerSchrader further increased turnover and profits. This
means that the original forecast for the entire year has been clearly
exceeded.

On the basis of the preliminary figures, the net income for the
financial year just completed amounts to some EUR 0.5 million. This
represents an improvement by more than EUR 1 million in comparison to
the previous year (2004: EUR -0.6 million). The earnings before
interest, tax and amortisation (EBITA) improved by just under EUR 1.6
million, from EUR -1.4 million to between EUR 0.15 million and EUR
0.2 million. The improvement in profits was due to marked business
growth in all three segments: Group turnover rose by 16 per cent to
around EUR 14.3 million (2004: EUR 12.3 million).

For the year as a whole, the company had predicted growth of between
5 and 10 per cent with a balanced result.

A major factor in achieving these good results was the fact that
turnover and profits continued to grow in the 4th quarter compared to
the 3rd quarter. SinnerSchrader achieved a turnover of around EUR 3.8
million in the 4th quarter. The EBITA was around EUR 0.1 million.

On the balance sheet date of 31 August 2005, the liquid funds stood
at EUR 10.6 million. On 8 November 2004, the company had returned EUR
20.8 million in a special distribution to its shareholders from its
liquid funds of then EUR 27.0 million. Since that time, the liquid
funds have risen by around two thirds.

The final, audited Annual Report will be published on 28 November
2005. On this day, SinnerSchrader will invite the press to its annual
press conference in Hamburg and its analysts conference in
Frankfurt.